Tata Electronics' Hosur factory was found to be in compliance with environmental standards, and the Tamil Nadu Pollution Control Board (TNPCB) has thus ended its proceedings against the company. Additionally, TNPCB said that there was no indication of contamination in the water quality tests. This comes after the pollution
Bengaluru-based Sarvam announced a fresh $234 million fundraising round on 15 June, significantly bolstering India’s AI ambitions. This resulted in a valuation of $1.5 billion, making it the latest artificial intelligence unicorn in India. This investment comes as global governments and corporations seek to diversify their AI capabilities
Within days, Reliance Jio might submit the necessary paperwork for its highly anticipated initial public offering, which could pave the way for the biggest stock market debut in India's history. It is anticipated that the filing will be made shortly before Reliance Industries Chairman Mukesh Ambani gives his
Cleantech, AI SaaS, wealthtech and consumer brands drew investor capital today, across six disclosed rounds. SolarSquare led the day, raising ₹510 crore (~$53 million) in Series C funding to scale its rooftop solar business. Other rounds went to ContraVault AI, CREST, TrackerSuite AI, Speedioo and Korean FMCG brand Gimi Michi.
Gold and silver prices in India today, 16 June 2026: 24K gold edged up 0.12% to ₹1,53,390 per 10g while silver slipped 0.44% to ₹2,51,470 per kg, as markets awaited clarity on the US-Iran peace deal ahead of this week's US Federal Reserve meeting. Check city-wise rates, MCX futures, and buying tips.
KEY HIGHLIGHTS * SolarSquare is India’s #1 residential solar brand, and today, they have the largest portfolio of distributed solar assets under management in the country * The funding signals growing investor conviction that residential rooftop solar is moving from a niche category to a mass-market opportunity in India. * The company
TrackerSuite.AI, an AI-powered business automation platform helping small and medium enterprises (SMEs) digitise and streamline operations, has successfully raised INR 6 crore in a Pre Series A funding round led by a UAE-based Family Office and advised by Bestvantage Investments, with participation from Pontaq.VC, Shubhan Ventures, Candle Advisors,
* Funds raised to be used for building AI native tech stack, expanding distribution across demand centres, deepening OEM partnerships and scaling its dealer and retail network * Speedioo aims to expand its distribution network across 3–4 key cities while deepening its retail presence through a scalable franchise-led model. * The Company
The Perungudi neighbourhood of Chennai is home to more than 1.5 lakh square feet of office space leased by IndiQube Spaces Ltd, an operator of flexible workspaces. From SRH Mota Star Promoters Pvt Ltd., the business has leased 151,462 square feet in the SRH Experience Tower. Commencing on
Here's your daily funding and key business news roundup for June 15, 2026: Monday's deals spanned gourmet retail, immuno-oncology, AR/VR, and voice AI, with Foodstories raising Rs 50 crore led by Zerodha co-founder Nikhil Kamath and biotech startup Zumutor Biologics closing a $7.3 million
With an 18% GST tax on delivery fees, Flipkart has taken legal action by bringing a case to the Kolkata High Court. The main point of contention is whether the company's combined transportation and logistics system is eligible for a tax break that is typically reserved for transportation
A new artificial intelligence assistant called Seller Assistant will soon be available to Amazon's 1.7 million Indian sellers. The advertising, inventory planning, and cataloguing processes can all be improved using this solution. This application is designed to help sellers with onboarding, listings, and everyday tasks on the
Microsoft CEO Satya Nadella thinks the AI industry needs to be careful not to make the same mistakes that were made during previous economic revolutions. He said that industry should remain cautious even if AI is quickly becoming the backbone of how companies function. Nadella emphasised in a post on
* Maya is the only Indian company on Speech Arena with #6 Open Weights Ranking * 440,000+ model downloads on Hugging Face from developers globally * 3 million+ app downloads across India, Southeast Asia, and MENA Maya Research, an AI company building a voice interface for the Majority of the World, has
Gold and silver prices in India today, 15 June 2026: 24K gold jumped ₹2,330 to ₹1,53,240 per 10g and silver surged 2.25% to ₹2,53,220 per kg as Trump hinted at a US-Iran peace deal, pushing crude oil prices lower. Check city-wise rates, MCX futures, and buying tips.
In an announcement made on the evening of June 12th, the San Francisco-based business Anthropic stated that Mythos 5 and Fable 5 had been ordered suspended by the US Department of Commerce for "national security" grounds; however, no other information was provided. In contrast to Mythos 5, which
According to the most recent Patent Co-operation Treaty (PCT) rankings, Reliance Industries' technology subsidiary Jio Platforms has broken into the top 20 worldwide. The listing was recently made public by the World Intellectual Property Organization (WIPO). For the year 2025, Jio Platforms (JPL) jumped 320 spots. Consequently, it has
A giant leap forward has been made by digital payments unicorn Razorpay towards its public market debut. Under the SEBI's confidential filing procedure, the company has already submitted a DRHP to the stock exchanges and the regulator in India. The proposed initial public offering (IPO) of the Bengaluru-based
In a June 12 announcement, e-commerce company Meesho Ltd stated that it has acquired Kirana Club Pte. Ltd and Retail Pulse Labs Private Ltd for a total of INR 202.08 crore. The acquisition is aligned with firm's objective to strengthen its foothold in India's thriving
On June 12th, Tata Consultancy Services unveiled the Oracle AI Data Platform Lab and Centre of Excellence (CoE) in India. The purpose of establishing these hubs is to facilitate the rapid adoption of data-driven transformation and artificial intelligence by businesses. Together with Oracle, the team at Kolkata's Delta
On June 11th, Kumar Mangalam Birla, Vodafone Idea non-executive chairman, tried to assuage investor fears on the revival chances of the telecom company. This means that the firm has successfully navigated a very challenging period. Shareholders authorised an investment of INR 4,730 crore from the Aditya Birla Group through
Lenskart Solutions, an eyeglasses company, had a 2.3% share purchased on June 11th by a group of global financial institutions led by Goldman Sachs, Morgan Stanley, and Societe Generale. In open market transactions, these shares were acquired from the Abu Dhabi Investment Authority for INR 1,960 crore. On
121 Finance, a leading NBFC-Factor, has crossed ₹10 crore in cumulative disbursements through GeM Sahay, the credit facility integrated with the Government e-Marketplace (GeM). The company has disbursed over 2,600 loans to more than 400 MSMEs across 173 cities in 27 states, helping small suppliers access working capital against